Debt Ceiling

Peter Morici a writer for Fox news suggests in his article "House Republicans may be the country’s last hope to avoid financialruin" that if congress grants permission to lift the debt ceiling then our country would just pile up an even more unbearable debt eventually bankrupting the country. He feels that that by the house Republicans refusing to raise the debt ceiling is the only thing saving our country from financial ruin.
            Morici argues that by raising the debt ceiling it only allows Congress to "run up new bills". Morici refers to a study done by Congressional Budget Office and Medicare and Medicaid stating that if the government continues to tax, spend, and borrow money, then Americans will end up paying much higher income taxes and for health insurance. Eventually over the next several decades the country would end up being broke. I agree with Morici's argument here, there are no signs which would say that if congress were to lift the  debt ceiling, that Washington would spend any less. 

Morici then changes the focus of his argument to the price of health care. Morici believes that any solution dealing with the debt ceiling would require in a raise of the retirement age from 66 to 70 to accommodate for Americans living longer and lowering the prices of health care services and drugs. He suggests that by taking the money away from the politicians will make them realize that it’s the price of health care not the access to it that is the problem. Morici provided some financial stats of health care costs in the U.S and Holland, and how much higher the U.S costs were was ridiculous. The big problem is the price of health care, rather than the access to it. It doesn’t matter if you can get access to health care if you just end up getting stopped at the door because you can’t afford it.